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Author Topic: Why government don't accept bitcoin???  (Read 876 times)
overnight03
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January 04, 2018, 03:11:03 PM
 #101

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..
I think because bitcoin can be used for gambling , money laundering , illegal bussiness,... those countries don't think bitcoin will benefit their country

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dinuja
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January 04, 2018, 04:02:42 PM
 #102

government cant get a tax. They fear it.
Kovian.Faxo
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January 04, 2018, 05:10:43 PM
 #103

On this topic, I think that countries that prohibit bitcoin are simply afraid of crypto-currencies and can not control such innovations. Many scare the new.
nebuch
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January 04, 2018, 05:16:10 PM
 #104

In my opinion why the government don't accept bitcoin because of many reasons..
1: fear to choice change the old money culture.
2: not prepared how to adopt the cryptocurrency.
3: doubt to accept it being new in this trend.
4: not having more partner country to welcome bitcoin.
5: never ever wants bitcoin.
6: no much information on what will be the good effect of bitcoin in the economy.
7: Many more reasons.

The government will be responsible in its community. Countries are in different place, different people, different environment and different ways of living. Bitcoin in general is helpful. The problem is in the countries leader.

butcherme
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January 04, 2018, 05:58:20 PM
 #105

There are many countries where bitcoin is not legal..Why they don't accept the better technology..I can't understand why they don't accept it??What do you think about this topic, please share..

I think it is because government cannot tax bitcoin since it is decentralized. And since, a lot of people are earning money from it, some people are quitting their job to focus on bitcoin. Which means, there would be less income tax for the government.

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cryptoranet
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January 04, 2018, 07:33:28 PM
 #106

The system won't work against itself.
Rahad Khan
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January 04, 2018, 07:59:30 PM
 #107

because invbitcoin we did pear to pear transaction.and it didnt leave aany prove. so goverment cant get their tax sometimes bcz of people put there money by storing btc
kylekyle2000
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January 04, 2018, 09:50:15 PM
 #108

The government might not be able to accept bitcoin yet as they are not ready for it just as yet. The government prefers an actual currency and not a digital one as there might be more threats regarding security if the currency is something not tangible.

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coininvestor
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January 05, 2018, 12:24:17 AM
 #109

Are you people stupid?  How many millions of Bitcoin do you think the FED owns?  Government loves Bitcoin.  It's their golden goose.  It's lawlessness is what they love most about it.
 You had a million dollars in Bitcoin stolen by a hacker?  Well too bad there are no laws to protect you.  Anyone with a sizable amount of Bitcoin is a target.  ALL BITCOIN USERS ARE CRIMINALS.  Using Bitcoin is the very definition of money laundering.  All they have to do is go pick you up and take your computer and tear your house apart until they get your password.  They don't work for free though.  They want the big dogs, and with all the scams and theft there are plenty of them.  It really is sad to see how people took what could have been a good thing and turned it into shit.  People will kill each other over numbers in a shitty software ledger.  Such simple minds.  Pathetic!!!

These are stolen coins.     ARDOR-HKCS-V6N8-FH7T-A3SLF  Use ARDOR and support thieves.  Make them rich.
Efairam2018
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January 05, 2018, 03:24:09 AM
 #110

Because government dont get tax in it😊in short its a tax free
coinSpecter32
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January 05, 2018, 05:13:17 AM
 #111

Are you people stupid?  How many millions of Bitcoin do you think the FED owns?  Government loves Bitcoin.  It's their golden goose.  It's lawlessness is what they love most about it.
 You had a million dollars in Bitcoin stolen by a hacker?  Well too bad there are no laws to protect you.  Anyone with a sizable amount of Bitcoin is a target.  ALL BITCOIN USERS ARE CRIMINALS.  Using Bitcoin is the very definition of money laundering.  All they have to do is go pick you up and take your computer and tear your house apart until they get your password.  They don't work for free though.  They want the big dogs, and with all the scams and theft there are plenty of them.  It really is sad to see how people took what could have been a good thing and turned it into shit.  People will kill each other over numbers in a shitty software ledger.  Such simple minds.  Pathetic!!!

These are stolen coins.     ARDOR-HKCS-V6N8-FH7T-A3SLF  Use ARDOR and support thieves.  Make them rich.

I think you are just being too paranoid. Yes the government can do that, But I don't think a government will make that move, they own the fiat currency and can easily generate numbers of money they want. You been watching too much TV.
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